2022-12-31-accounts

Trustees		D D Morris
		S Blumgart
		G Kurland
		S Rubin (Resigned			1 February 2022)
		M Fruhman
		S Melnick
		M Bauernfreund
		A Pfeffer (Resigned			1 February 2022)
		A Harris
Charity	registered
number		1137199
Registered address		2 Hallswelle		Road
		London
		NW11 ODJ
Principal	operating	44a Albert		Road
office		London
		NW4 2SJ
Chief executive officer		Rabbi A Shaw
Accountants		BKLAudit		LLP
		Chartered	Accountants
		35 Ballards		Lane
		London
		N3 1XW

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2022	2022	2022	2021
		Note	f.	f.	f.
Income from:
Donations and legacies			544,589	33,755	578,344	733,928
Charitable activities			161,584		161,584	160,845
Other trading activities						27,713
Total income			706,173	33,755	739,928	922,486
Expenditure on:
Charitable activities		6	1,094,491	13,425	1,107,916	722,765
Total expenditure			1,094,491	13,425	1,107,916	722,765
Net movement in funds			(388,318)	20,330	(367,988)	199,721
Reconciliation offunds:
Total funds brought	forward		190,305	9,737	200,042	321
Net movement in funds			(388,318)	20,330	(367,988)	199,721
Total funds carried forward			(198,013)	30,067	(167,946)	200,042

				2022		2021
		Note		f.
Tangible assets				2,047
				2,047
Current assets
Debtors		12	3,054		148,257
Cash at bank and	in hand		72,792		203,008
			75,846		351,265
Creditors: amounts	falling due within one
year		13	(220,893)		(116,387)
Net current liabilities Iassets				(145,047)		234,878
Total assets less	current liabilities			(143,000)		234,878
Creditors: amounts	falling due after more
than one year				(24,946)		(34,836)
Total net assets				(167,946)		200,042
Charity funds
Restricted funds		15		30,067		9,737
Unrestricted funds		15		(198,013)		190,305
Total funds				(167,946)		200,042

					2022	2021
Cash flows from operating		activities
Net cash used in operating	activities				(121,091)	83,181
Cash flows from financing		activities
Cash inflows from new borrowing					100,000	80,000
Repayments of borrowing					(89,646)	(5,517)
Other non-cash movements					(19,479)
Net cash (used in)/provided		by financing		activities	(9,125)	74,483
Change in cash and cash		equivalents	in	the year	(130,216)	157,664
Cash and cash equivalents		at the beginning		ofthe year	203,008	45,344
Cash and cash equivalents		at the end	of	the year	72,792	203,008

	Unrestricted	Restricted	Total
	funds	funds	funds
	2022	2022	2022
Donations	519,589		519,589
Grants	25,000	33,755	58,755
	544,589	33,755	578,344
	Unrestricted	Restricted	Total
	funds	funds	funds
	2021	2021	2021
Donations	704,581		704,581
Grants		29,347	29,347
	704,581	29,347	733,928

		Unrestricted	Total
		funds	funds
		2022	2022
Events		500	500
Teaching		70,418	70,418
Educational	Programme	86,547	86,547
Book sales		1,064	1,064
Magazine	income	3,055	3,055
Total 2022		161,584	161,584

		Unrestricted	Total
		funds	funds
		2021f	2021
Events		115,379	115,379
Educational	programs	37,351	37,351
Book sales		2,581	2,581
Magazine	income	5,534	5,534
Total 2021		160,845	160,845

Unrestricted	Total
funds	funds
2021	2021
27,713	27,713

Grants to	Grants to	Total
Institutions	Individuals	funds
2022	2022	2022
f.	f.	f.
	128,603	128,603

Grants to	Grants to	Total
Institutions	Individuals	funds
2021	2021	2021
27,051	117,299	144,350

Main re	cipients of institutional grants
		2022	2021
		f.
Mizrachi	Olami		25,851
Mizrachi	(UK)		1,200
			27,051

	Unrestricted	Restricted
	funds	funds	Total
	2022	2022	2022
Support costs	315,619		315,619
Direct costs	650,269	13,425	663,694
Grants	128,603		128,603
	1,094,491	13,425	1,107,916

(continued)
	Unrestricted	Restricted
	funds	funds	Total
	2021	2021	2021
Support costs	192,434		192,434
Direct costs	381,871	4,110	385,981
Grants	118,499	25,851	144,350
	692,804	29,961	722,765

				Staff costs	Depreciation	Other costs	Total
				2022	2022	2022	2022
				f.	f.	f.	f.
Events				76,013	1,796	237,810	315,619
Teaching				338,694		325,000	663,694
Mizrachi	Fellowship	Programme	Expenses			128,603	128,603
				414,707	1,796	691,413	1,107,916
				Staffcosts	Depreciation	Other costs	Total
				2021 f	2021 f	2021 f	2021f
Events				37,857	501	154,076	192,434
Teaching				284,116		101,865	385,981
Mizrachi	Fellowship	Programme	Expenses	(1)		144,351	144,350
				321,972	501	400,292	722,765

				Activities	Grant
				undertaken	funding of	Support	Total
				directly	activities	costs	funds
				2022	2022	2022	2022
Events						315,619	315,619
Teaching				663,694			663,694
Mizrachi	Fellowship	Programme	Expenses		128,603		128,603
				663,694	128,603	315,619	1,107,916
				Activities	Grant
				undertaken	funding of	Support	Total
				directly	activities	costs	funds
				2021	2021	2021	2021
Events						192,434	192,434
Teaching				385,981			385,981
Mizrachi	Fellowship	Programme	Expenses		144,350		144,350
				385,981	144,350	192,434	722,765

		Advancing
		ofJewish	Total
		Religion	funds
		2022	2022
Staff costs		338,694	338,694
Educational	programme	16,259	16,259
Events		262,482	262,482
Magazine expenses		46,259	46,259
		663,694	663,694

Analysis o	fdir	ect costs (continued)
			Advancing of
			Jewish	Total
			Religion	funds
			2021	2021
Staff costs			284,116	284,116
Educational	programme		24,232	24,232
Guest speakers		and trips	39,517	39,517
Magazine expenses			38,116	38,116
			385,981	385,981

		Advancing
		ofJewish	Total
		Religion	funds
		2022	2022
Staff costs		76,013	76,013
Depreciation		1,796	1,796
Rent		18,720	18,720
ITCosts		11,362	11,362
Phone charges		2,726	2,726
Bank charges		311	311
General expenses		40,699	40,699
Literature, publishing	and printing	118	118
Travel		2,677	2,677
Accounting fees		6,182	6,182
Shaliach expenses		126,873	126,873
Loan interest		1,002	1,002
Allowance for bad debts		20,813	20,813
Postage		307	307
Advertising		2,122	2,122
Legal expenses		1,715	1,715
Motor vehicle expenses		479	479
Staff training		1,704	1,704
		315,619	315,619

		Advancing of
		Jewish	Total
		Religion	funds
		2021	2021
Staff costs		37,857	37,857
Depreciation		501	501
Rent		18,720	18,720
ITCosts		11,684	11,684
Phone charges		2,339	2,339
Bank charges		108	108
General expenses		21,779	21,779
Literature publishing	and printing	69	69
Travel		16	16
Accounting fees		5,093	5,093
Shaliach expenses		63,390	63,390
Loan interest		695	695
Postage		236	236
Advertising		25,119	25,119
Legal expenses		3,079	3,079
Motor vehicle expenses		1,153	1,153
Staff training		596	596
		192,434	192,434

Staff costs
				2022	2021
Wages and	salaries			338,486	276,620
Social security costs				23,625	27,138
Contribution	to defined	contribution	pension schemes	52,596	18,214
				414,707	321,972

	2022	2021
	No.	No.
Employees	21	12

2022	2021
No.	No.

		Fixtures and	Computer
		fittings	equipment	Total
Cost or valuation
At 1 January	2022	1,503	6,368	7,871
Additions			3,843	3,843
Disposals		(1,503)		(1,503)
At 31 December 2022			10,211	10,211
Depreciation
At 1 January	2022	1,503	6,368	7,871
Charge for the year			1,796	1,796
On disposals		(1,503)		(1,503)
At 31 December 2022			8,164	8,164
Net book value
At 31 December 2022			2,047	2,047
At 31December 2021
Debtors
			2022	2021
			f.
Due within one year
Trade debtors			465	123,257
Other debtors			2,589
Prepayments	and accrued income			25,000
			3,054	148,257

		2022	2021
Bank loans		9,891	89,647
Other loans		100,000
Trade creditors		41,031	4,400
Other taxation and social security		41,652	7,836
Other creditors		4,077	3,272
Accruals and deferred	income	24,242	11,232
		220,893	116,387

		2022	2021
		f.
Bank	loans	24,946	34,836

							Balance at
				Balance at 1			31
				January			December
				2022	Income	Expenditure	2022
Unrestricted funds
General	Funds - all	funds		190,305	706,173	(1,094,491)	(198,013)
Restricted funds
Chidon	Hatanach			697	16,035	(13,425)	3,307
Yeshiva	8 Seminary	fundraising	campaign
Mizrachi	Fellowship	Programme		9,040	17,720		26,760
				9,737	33,755	(13,425)	30,067
Total offunds				200,042	739,928	(1,107,916)	(167,946)

Stateme	nt offunds	- prior yea	r
							Balance at
				Balance at			31
				1January			December
				2021	Income	Expenditure	2021
Unrestricted funds
General	Funds - all	funds		(10,030)	893,139	(692,804)	190,305
Restricted funds
Chidon	Hatanach				4,807	(4,110)	697
Yeshiva	8 Seminary	fundraising	campaign	10,351	15,500	(25,851)
Mizrachi	Fellowship	Programme			9,040		9,040
				10,351	29,347	(29,961)	9,737
Total offunds				321	922,486	(722,765)	200,042

Analysis	of n	et assets between funds - current	year
			Unrestricted	Restricted	Total
			funds	funds	funds
			2022	2022	2022
			f.	f.	f.
Tangible	fixed	assets	2,047		2,047
Current	assets		45,779	30,067	75,846
Creditors	due	within one year	(220,893)		(220,893)
Creditors	due	in more than one year	(24,946)		(24,946)
Total			(198,013)	30,067	(167,946)

Analysis	ofn	et assets between funds - prior y	ear
			Unrestricted	Restricted	Total
			funds	funds	funds
			2021	2021	2021
Current	assets		341,528	9,737	351,265
Creditors	due	within one year	(116,387)		(116,387)
Creditors	due	in more than one year	(34,836)		(34,836)
Total			190,305	9,737	200,042

											2022	2021
											f.
Net income/expenditure		for	the	year	(as		per	Statement	of	Financial
Activities)											(367,988)	199,721
Adjustments for:
Depreciation charges											1,796	501
Decrease/(increase)	in	debtors									143,796	(86,853)
Increase/(decrease)	in	creditors									59,969	(31,388)
Net cash provided	by/(used		in)	operating		activities					(162,427)	81,981

		2022	2021
Cash	in hand	72,792	203,008
Total	cash and cash equivalents	72,792	203,008

				At 1		At 31
				January		December
				2022	Cash flows	2022
Cash	at bank and		in hand	203,008	(130,216)	72,792
Debt	due within	1	year	(89,647)	(20,244)	(109,891)
Debt	due after	1 year		(34,836)	9,890	(24,946)
				78,525	(140,570)	(62,045)